Naas Total Liab from 2010 to 2024

NAAS Stock  USD 0.39  0.03  8.33%   
Naas Technology Total Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Liabilities will likely drop to about 864.6 M in 2024. Total Liabilities is the total amount of all liabilities that Naas Technology ADR has, including both short-term and long-term liabilities. View All Fundamentals
 
Total Liabilities  
First Reported
2016-12-31
Previous Quarter
1.5 B
Current Value
1.5 B
Quarterly Volatility
535.4 M
 
Covid
Check Naas Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Naas Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.2 M, Selling General Administrative of 430.1 M or Selling And Marketing Expenses of 469 M, as well as many indicators such as Price To Sales Ratio of 7.24, Dividend Yield of 0.0 or Days Sales Outstanding of 326. Naas financial statements analysis is a perfect complement when working with Naas Technology Valuation or Volatility modules.
  
Check out the analysis of Naas Technology Correlation against competitors.

Latest Naas Technology's Total Liab Growth Pattern

Below is the plot of the Total Liab of Naas Technology ADR over the last few years. It is the total amount of all liabilities that a company has, including both short-term and long-term liabilities. Naas Technology's Total Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Naas Technology's overall financial position and show how it may be relating to other accounts over time.
Total Liab10 Years Trend
Pretty Stable
   Total Liab   
       Timeline  

Naas Total Liab Regression Statistics

Arithmetic Mean900,870,596
Geometric Mean658,228,409
Coefficient Of Variation69.34
Mean Deviation504,589,603
Median584,413,000
Standard Deviation624,697,534
Sample Variance390247T
Range2.1B
R-Value0.22
Mean Square Error400693.5T
R-Squared0.05
Significance0.44
Slope30,145,027
Total Sum of Squares5463458.1T

Naas Total Liab History

2024864.6 M
20231.5 B
2022667.1 M
2021128.3 M
202057.8 M
20192.2 B
20181.8 B

About Naas Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Naas Technology income statement, its balance sheet, and the statement of cash flows. Naas Technology investors use historical funamental indicators, such as Naas Technology's Total Liab, to determine how well the company is positioned to perform in the future. Although Naas Technology investors may use each financial statement separately, they are all related. The changes in Naas Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Naas Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Naas Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Naas Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Liabilities1.5 B864.6 M

Pair Trading with Naas Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Naas Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Naas Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Naas Stock

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Moving against Naas Stock

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The ability to find closely correlated positions to Naas Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Naas Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Naas Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Naas Technology ADR to buy it.
The correlation of Naas Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Naas Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Naas Technology ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Naas Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Naas Stock Analysis

When running Naas Technology's price analysis, check to measure Naas Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Naas Technology is operating at the current time. Most of Naas Technology's value examination focuses on studying past and present price action to predict the probability of Naas Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naas Technology's price. Additionally, you may evaluate how the addition of Naas Technology to your portfolios can decrease your overall portfolio volatility.